Liquor Store-Verifiable Financial Information

Providence, RI (Providence County)

Liquor Store-Verifiable Financial Information
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Asking Price: $475,000

Cash Flow: $117,320

Gross Revenue: $864,816

EBITDA: N/A

FF&E: N/A

Inventory: $60,000*

Rent: $2,020 /Month

Established: 2004

*not included in asking price.

Liquor Store-Verifiable Financial Information

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Business Description

Profitable Liquor Store-Verifiable Financial Information

New to market. Well designed profitable liquor store with special emphasis on craft beer in addition to steady wine and hard liquor sales. Federal tax return verifiable $864,816 in 2018 sales.

Beer 37% of 2018 revenues
Liquor 28%
Craft beer 13%
Wine 10%

Located on busy street in Providence County. Adjusted Owners Cash Flow of $117,320. Family owned and managed. Retirement. Very clean facility with free flowing storage and refrigeration areas. Inventory not included.

Located next to large government building.

Excellent investment potential or multiple family employment opportunity.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
1,600
Lease Expiration:
1/10/2022
Employees:
4
Facilities:
1,600 single story corner unit of retai. strip plaz
Competition:
One smaller somewhat similar store lacking product depth.
Growth & Expansion:
Craft beer, add cigars, selectively grow wine sales.
Support & Training:
Two weeks. Then will consider longer consultant opportunity subbject to negotiation and any SBA guidelines.
Reason for Selling:
Retirement
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Robert Flynn

Business Listed By:
Robert Flynn

United Brokers Group LLC

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Memberships & Certifications:
Indicates membership in The New England Business Brokers Association (NEBBA).

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